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Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N., 3, March 2002.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. All project work has uncertainty. Uncertainty comes from the lack of precision and accuracy about the possible values of a measurement of a project attribute.

2003 46
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A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program.

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Risk Management Plan Example (Comprehensive Guide+Tempalte)

PM Basics

In this article, you’ll find the real-life project risk management plan example. It comes from my practical experience working on software development projects. A Risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives. Monitoring Risks.

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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Take for example the deployment of an ERP system, the installation, and startup of a process control system, the release of a suite of embedded software controllers for a car, aircraft, petrochemical plant. A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project.

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Understand Agile Methodology: Roles, Components, and Phases

Agilemania

64% stated Accelerate software delivery . 42 % voted for Enhance software quality . 39% stated Reduce project risk . 23% reported reduced project cost. Individuals and interactions over processes and tools . The Scrum Master has authority over the process but doesn’t have authority over the team members.

Agile 89
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Compendium of Works to Increase Probability of Project Success

Herding Cats

These materials have been presented at conferences, published in a journal or newsletter, a book or a chapter in a book, or applied during a client engagement across a wide range of firms and domains. Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Management Processes (#MP).